|

EURUSD: Expect a further fall in prices to 1.2218

EURUSD

PENDING ORDER BUY  EUR/USD @ 1. 2279     SL:  1. 2254     TP1: 1.2294     TP2: 1.2309    

PENDING ORDER SELL  EUR/USD @ 1.2248   SL:    1.2272      TP1: 1.2233     TP2: 1.2218  

The price reached a level of 1. 2248

We expect a further fall in prices to the level of 1.2218

Our advice is to take the profit on the price of 1. 2233

SL. setup on the price of 1.2272

Otherwise, if you have the EURUSD  trend for BUY, PENDING ORDER set the price of 1. 2279    with SL. 1. 2254   and first TP with price  1.2294

GBPUSD

EURUSD Current Trading Positions


Best Free Live Forex Signals


Author

Rose Alice

Rose Alice

TheBestForexSignal.com

5 years successfully worked for Hedge Fund GFDR as a supervisor. 3 years working as an analyst for Trading company Global Investments. As an analyst based on ABC breakouts, breakouts trend lines, Supply & Demand, customized Elliott Wave.

More from Rose Alice
Share:

Editor's Picks

EUR/USD off highs, back to 1.1850

EUR/USD loses some upside momentum, returning to the 1.1850 region amid humble losses. The pair’s slight decline comes against the backdrop of a marginal advance in the US Dollar as investors continue to assess the latest US CPI readings.

GBP/USD advances to daily tops around 1.3650

GBP/USD now manages to pick up extra pace, clinching daily highs around 1.3650 and leaving behind three consecutive daily pullbacks on Friday. Cable’s improved sentiment comes on the back of the inconclusive price action of the Greenback, while recent hawkish comments from the BoE’s Pill also collaborates with the uptick.

Gold surpasses $5,000/oz, daily highs

Gold is reclaiming part of the ground lost on Wednesday’s marked decline, as bargain-hunters keep piling up and lifting prices past the key $5,000 per troy ounce. The yellow metal’s upside is also propped up by the lack of clear direction around the US Dollar post-US CPI release.

Crypto Today: Bitcoin, Ethereum, XRP in choppy price action, weighed down by falling institutional interest 

Bitcoin's upside remains largely constrained amid weak technicals and declining institutional interest. Ethereum trades sideways above $1,900 support with the upside capped below $2,000 amid ETF outflows.

Week ahead – Data blitz, Fed Minutes and RBNZ decision in the spotlight

US GDP and PCE inflation are main highlights, plus the Fed minutes. UK and Japan have busy calendars too with focus on CPI. Flash PMIs for February will also be doing the rounds. RBNZ meets, is unlikely to follow RBA’s hawkish path.

Ripple Price Forecast: XRP potential bottom could be in sight

Ripple edges up above the intraday low of $1.35 at the time of writing on Friday amid mixed price actions across the crypto market. The remittance token failed to hold support at $1.40 the previous day, reflecting risk-off sentiment amid a decline in retail and institutional sentiment.